ISSI Announces Completion of Acquisition by Uphill

Dec 07, 2015, 09:25 ET from ISSI

MILPITAS, Calif., Dec. 7, 2015 /PRNewswire/ -- Integrated Silicon Solution, Inc. (NASDAQ: ISSI) today announced that its previously announced acquisition by Uphill Investment Co. has been completed. Under the terms of the merger agreement, ISSI stockholders will receive $23.00 per share in cash. As a result of the closing of the transaction, trading in ISSI common stock on the NASDAQ Stock Market will cease today.

About ISSI

ISSI is a fabless semiconductor company that designs and markets high performance integrated circuits for the following key markets: (i) automotive, (ii) communications, (iii) industrial, and (iv) digital consumer. ISSI's primary products are high speed and low power SRAM and low, and medium and high density DRAM. ISSI also designs and markets NOR flash products and high performance analog and mixed signal integrated circuits. ISSI is headquartered in Silicon Valley with worldwide offices in Taiwan, Japan, Singapore, China, Europe, Hong Kong, India, and Korea. Visit ISSI's web site at www.issi.com.

 

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